Will a 3hr cut of Avengers get released in theatres?

Folks over at Superhero Authority have indicated there is a rumor running around about the possibility that Avengers might get released in theatres come August.

This rumor is running wild on the Internet; many fans are over excited and entirely willing to throw all their money to see the longer cut. The BluRay DVD is due out in September, which will probably have the longer cut, as DVDs tend to. On the one hand, it would give the movie another chance to break records, and give fans another chance to see it on the big screen. I heard rumors about a scene of Captain America getting to talk to Peggy; I love that! But by the same token…while I would love to see the extended version, I don’t know if I would be willing to do so with the knowledge that the DVD with likely the same content will be out four weeks later.